Public Markets 3d Briefing
×Public Markets
The S&P 500 ft.com dropped 1.2% in its worst week since June, marking its first two-week loss since June. Entrata investing.com is working with Goldman Sachs and JPMorgan on an IPO, signaling continued M&A activity in the tech sector. The SEC’s probe into Netflix’s power over filmmakers intensified as part of the Justice Department’s review of its $72 billion Warner Bros. Discovery takeover, DOJ Probes Netflix’s Power Over Filmmakers bloomberg.com.
Policy & Regulation
The Supreme Court’s strike down of Trump tariffs investing.com sent shockwaves through global markets, with the S&P 500 snapping its two-week losing streak. This ruling impacts IT hardware and networking sectors significantly, SCOTUS strike down of Trump tariffs: What’s the impact on IT Hardware/Networking investing.com. President Trump’s threat to raise global tariffs to 15% after the ruling, Trump to raise global tariff rate to 15% investing.com, adds further uncertainty.
Deals & Finance
Francisco Partners finance.yahoo.com completed a $2.2 billion take-private of Jamf, expanding its portfolio. Blackstone yahoo.com is positioning Liftoff Mobile for an IPO, though Blackstone investing.com may walk away from the Johnson Matthey catalyst deal, Honeywell may walk away from Johnson Matthey catalyst deal investing.com. Centerview’s settlement with a former analyst over young banker hours, Centerview Settles Suit Over Young Banker Hours wsj.com, resolves a case examining grueling finance jobs.
Market Trends
Gold rose bloomberg.com as the AI scare trade cooled, though Crypto holds steady investing.com amid inflation and geopolitical risks. The CLO funds warning sign, Riskiest CLO Funds Are Flashing a Warning Sign bloomberg.com, indicates rising default fears. Latham & Watkins wsj.com poached two more partners from Wachtell Lipton, continuing the legal M&A talent war.
Global Markets
Germany’s recovery signals, Germany Is About to Find Out Whether Its Recovery Is Real bloomberg.com, will be revealed in upcoming data. China Defies Global ‘AI Scare Trade’ bloomberg.com as investors chase winners, while Eurozone business activity rises investing.com. Ecuador eyes a $4B bond sale, Ecuador is eyeing a $4B bond sale return finance.yahoo.com.
Corporate Moves
Honeywell Considers Walking Away From Johnson Matthey Catalyst Deal bloomberg.com could impact supply chains. JPMorgan closed Trump accounts investing.com after Jan. 6, and Trump approves emergency declaration investing.com for Washington sewage spill. Amazon’s AWS yahoo.com faces challenges as Amazon’s AWS investing.com struggles with AI adoption, per UBS.
Financial News
Morgan Stanley upgrades Aramis Autos investing.com on AI data center demand. Tesla finance.yahoo.com production halts for Model 3/Y due to chip shortage. The Amazing NASA Probe Footage yahoo.com of the sun’s corona offers new insights. Bitcoin’s $1 Trillion Identity Crisis bloomberg.com persists amid regulatory and market pressures.
Market Commentary
Don’t rush buying the S&P 500 dip investing.com, Piper Sandler advises. The ‘latecomer’ racing Tesla ft.com on robots and self-driving cars highlights South Korean competition. Global Markets No More wsj.com as trade barriers disrupt commodities from metals to oil. AI adoption rates are still too low investing.com to explain productivity gains, UBS states.